The recent recovery of Dogecoin, with a 12% increase, is seen as a hopeful sign for investors. However, it is still not enough to confirm a strong trend reversal and there is a lot of resistance to the meme coin. The trading volume is still relatively low, suggesting that the recovery may not be strong enough to overcome important resistance levels. DOGE needs to break through its next resistance level, which requires a further 25% price increase, to validate a wider recovery. Even if it succeeds, DOGE will still be below its prior highs and further upward movement is necessary for a true return to a bull market. It is advised to exercise caution and not fully engage in Dogecoin, as another pullback is still possible without sustained volume and strength. This rebound may be a short-term relief rally rather than the beginning of a long-term uptrend.



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